student loan, student loan debt, student loan forgiveness

Why Biden’s Forgiveness of Student Loans Doesn’t Go Far Enough

According to a world-leading student loan expert, the Biden administration’s recent decision to forgive student debt may help students now but won’t fix the long-term crisis. Professor Bruce Chapman from The Australian National University (ANU) said the only way to make the system fairer and sustainable is to put loans where students don’t repay debt ...

Troy Oakes

Rolled-up money.

How the Loan Forgiveness Program Turned Into an Empty Promise

In 2007, the U.S. government enacted the Student Loan Forgiveness Program. People were promised that if they paid their loans back on time for 10 years and honestly pursued work, their remaining student debt would be wiped out. More than a decade later, the program has proven to be nothing but an empty promise. Loan ...

Armin Auctor

Hands holding $100 bills.